Blockchain adoption continues unabated — Bloomberg analyst
05 Nov 2023
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Should the current rate of adoption continue, blockchain technology could have 100 million daily users by 2028, according to projections by Bloomberg Intelligence analyst Jamie Coutts. On X (formerly Twitter), Coutts pointed out that blockchain adoption has been “unabated” throughout bull and bear markets over the past years. “Not having exposure to one of the…

What is metadata in blockchain transactions?
05 Nov 2023
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Metadata in blockchain transactions, explained Additional data or information that can be appended to a crypto transaction on a blockchain is referred to as metadata in blockchain transactions. Although the main function of a blockchain is to document and authenticate the transfer of digital assets, including cryptocurrencies like Ether (ETH) or Bitcoin (BTC), metadata enables users…

Aave pauses several markets after reports of feature issue
05 Nov 2023
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Decentralized finance (DeFi) protocol Aave paused a number of markets on Nov. 4 after receiving reports of an issue affecting “a certain feature,” according to a post on X (formerly Twitter). The pause affects multiple networks, including Aave V2 Ethereum Market and certain assets on Aave V2 on Avalanche. In addition, certain assets on Polygon,…

Bug in Fed’s payment system prevents Americans from getting paid
04 Nov 2023
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Some of the largest United States banks are not able to facilitate customers deposits after one of the Federal Reserve’s payment systems suffered an outage on Nov. 3. The Federal Reserve said the bug was caused by a “processing issue” in the Automated Clearing House — a payment processing network widely used by banks and employers to…

Monolithic vs. modular blockchains
04 Nov 2023
277 Views

Looking at all the cryptocurrency in tracking sites like Coinmarketcap.com may leave most beginners confused at the number of tokens being offered to the public. Layer-1, layer-2, metaverse, DeFi, gaming, liquid staking, real world assets, memes and the like are like the toys in a large toy shop. Each has its own separate world. One…

Opinion: With Bitcoin’s halving months away, it may be time to go risk-on
04 Nov 2023
311 Views

More tradition than coincidence, the Christmas season is around the corner again and the market is looking good for yet another run. Bitcoin surged to more than $35,000 in October, another record high for 2023. The year-long rally has been attributed to unconventional market trends, including excitement over the Bitcoin spot ETF applications pending with the Securities and…